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Posted 18/07/2022

H&M to Wind Down Its Entire Business in Russia amid ‘Impossible’ Situation

Global fast-fashion retailer H&M announced Monday that it has decided to begin the process...

Posted 18/07/2022

IMF Says Recession Fears Keep Commodity Prices Down as Inflation Has Not Been Tamed

Commodity prices have been on a downside in recent weeks as fears over recession...

Posted 18/07/2022

New Zealand Inflation Reaches 32-Year High, Beats Expectations

Inflation in New Zealand rose faster than economists expected in the second quarter, reaching...

Posted 15/07/2022

Dow Jones Futures Edge Slightly Higher to Shake Off 5-Day Losing Streak

U.S. stock futures edged slightly higher as Asian trading sessions are drawing to a...

Posted 15/07/2022

BofA Cuts S&P 500 Target to 3,600 as Recession and Rate Hikes Loom

The Bank of America (BofA) largely slashed its 2022 target for the S&P 500...

Posted 14/07/2022

EU Raises Eurozone Inflation Projection to 7.6% for 2022 as Energy Crisis Hits

Inflation in the eurozone is forecast to reach 7.6% this year, while throughout Europe...

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